Checkbook Recognized as a Leader in Digital Payment Solutions by Frost & Sullivan

April 14, 2025 at 14:14 PM EDT

Transformational innovation in simplifying and unifying B2B payments earns Checkbook a prominent spot on the Frost’s Radar as a Growth Pipeline Company™

Checkbook, a leading innovator in digital payment solutions, has been named a leader in B2B Digital Payments by Frost & Sullivan in B2B Digital Payment Systems 2025. This recognition highlights Checkbook’s commitment to transforming outdated payment systems into seamless, scalable, and cost-effective solutions for businesses.

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Frost & Sullivan’s fact based analysis identified Checkbook for its innovative approach to digitizing checks, enabling real-time, secure, and scalable payments across multiple rails, including ACH, RTP, Instant Pay, and newly added support for direct wallet transfers. This recognition validates Checkbook's leadership in addressing inefficiencies in traditional payment systems by delivering a unified platform with real-time tracking, instant settlement, and unparalleled ease of use.

“Our mission has always been to simplify and modernize payments for businesses of all sizes,” said PJ Gupta, CEO of Checkbook. “Being recognized by Frost & Sullivan is a testament to our dedication to solving critical payment challenges while offering scalable and efficient solutions. We are thrilled to see our efforts acknowledged on a global stage.”

Checkbook has been lauded for its unique Digital Check, which eliminates the need for paper-based processes and reduces operational costs while converting payments from paper to digital. The platform’s seamless integration capabilities and user-centric design make it a standout choice for businesses seeking to digitize their payment workflows. Frost & Sullivan also highlighted Checkbook’s ability to provide end-to-end visibility and enhanced security, empowering businesses to manage their payments with confidence.

In March 2025, Checkbook extended its payment capabilities by integrating additional rails for direct digital wallet payouts. This enhancement allows businesses to send funds directly to customers' preferred digital wallets with the same speed and reliability as Checkbook's other payment rails, furthering its mission to offer flexible, secure, and user-friendly payment experiences.

Download the Full Report

To learn more about how Checkbook is driving transformational innovation in the payments industry, download the complete B2B Digital Payment Systems 2025 report.

About Checkbook

Checkbook is a payments platform that offers businesses a versatile and embeddable way to scale their payouts. As a leading provider of both legacy and modern payment options, Checkbook is uniquely positioned to enable businesses to access the speed, flexibility and cost savings of modern payment technologies, with the familiarity and simplicity of paper checks.